2703, Iris Blue Tower
Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2703, Iris Blue Tower
What is 2703 worth today?
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Source: Dubai Land Department. Updated 15 August 2023.
Key facts
- Type
- Apartment
- Size
- 1,754 sqft
- Floor
- 27th of 28
- Parking
- P2-44,45
- Developer
- SHETH ESTATE (INTERNATIONAL)
- Completed
- 2008
- Service charge
- AED 43,400 /yr
- Last sold
- AED 2.7M · October 2013
- Building
- Iris Blue Tower
About 2703, Iris Blue Tower
2703 is an apartment of 1,754 sqft on the 27th floor of Iris Blue Tower, a 28-storey tower in Dubai Marina completed in 2008 by SHETH ESTATE (INTERNATIONAL). It last sold on 2 October 2013 for AED 2,700,000, or AED 1,539 per sqft.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 August 2023, is AED 200,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 43,400 a year.
Iris Blue Tower
Building158 apartments, 1-bed to 3-bed over 28 floors in Dubai Marina, completed in 2008 by SHETH ESTATE (INTERNATIONAL). 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,823
- Typical sale
- AED 2.5M
- Typical rent
- AED 170K /yr
- Typical yield
- 6.8%
Other units on the 27th floor
All 158 units in Iris Blue Tower2703, Iris Blue Tower in numbers
- Sold twice: first on 19 September 2013 for AED 2,506,679, last on 2 October 2013 for AED 2,700,000 (AED 1,539 per sqft).
- Rented since May 2019 on 4 Ejari contracts, from AED 140,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 43,400 a year (AED 24.76 per sqft).
Source: Dubai Land Department. Updated 15 August 2023.
Questions about 2703, Iris Blue Tower
What did unit 2703 last sell for?
AED 2,700,000 on 2 October 2013: AED 1,539 per sqft for 1,754 sqft. The unit has 2 registered sales; the first was AED 2,506,679 in September 2013.
What is the rent for unit 2703?
AED 200,000 a year on the contract signed on 15 August 2023. The previous contract, from July 2022, was AED 165,000; the unit has been rented since May 2019.
How big is unit 2703?
1,754 sqft (163.0 sqm): an apartment on the 27th floor of a 28-storey tower completed in 2008.
What is unit 2703 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2703, Iris Blue Tower
Starts from the last sale price (AED 2.7M, 2 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,700,000
- Deposit, UAE resident (20%)
- AED 540,000
- Deposit, non-resident (40%)
- AED 1,080,000
- Monthly over 25 years at 3.7%
- AED 11,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →